DOI: http://dx.doi.org/10.5089/9781589067011.084

ISBN: 9781589067011

Given the large size of aggregate remittance flows (billions of dollars annually), they should be expected to have significant macroeconomic effects on the economies that receive them. This paper directly addresses...

Publication Date:
11
March
2008

ISBN: 9781589067011

Given the findings of the previous chapter, the next logical step is to establish a new set of stylized facts about remittances derived from properly measured data. Because stylized facts identify the basic...

Publication Date:
11
March
2008

ISBN: 9781589067011

Understanding the motivations for remitting is necessary for analyzing the wider economic consequences of remittances, for at least two reasons. First, the amount that a migrant transfers to family members r...

Publication Date:
11
March
2008

ISBN: 9781589067011

Previous chapters have documented the rising importance of workers’ remittances as resource flows to developing countries. As with earlier surges in other types of resource flows to such countries, this chan...

Publication Date:
11
March
2008

ISBN: 9781589067011

The existing literature has largely been silent concerning the impact of remittances on the functioning of government policy and the macroeconomy. In the absence of a unified framework for evaluating this im...

Publication Date:
11
March
2008

ISBN: 9781589067011

This chapter presents an empirical examination of the macroeconomic effects of remittances on remittance-receiving economies. Much of the early work on remittances’ macroeconomic impacts was carried out with...